Meta

Meta Materials Inc (OTCMKTS:MMTLP) Huge Struggling Short Position as Next Bridge Hydrocarbons Set to Go Out of Business (George Palikaras and John Brda on Corporate Action) |  Daily Micro Cap

Meta Materials Inc (OTCMKTS:MMTLP) Huge Struggling Short Position as Next Bridge Hydrocarbons Set to Go Out of Business (George Palikaras and John Brda on Corporate Action) | Daily Micro Cap

Meta Materials Inc (OTCMKTS: MMTLP) has a huge week ahead of it as the short squeeze enters its final days of trading and the huge estimated short position of 80-100 million now needs to be covered. The excitement over MMTLP is palpable with numbers like $60 per share or $80 per share at the height …

Meta Materials Inc (OTCMKTS:MMTLP) Huge Struggling Short Position as Next Bridge Hydrocarbons Set to Go Out of Business (George Palikaras and John Brda on Corporate Action) | Daily Micro Cap Read More »

'It wasn't sustainable or real': Tech layoffs approaching Great Recession levels

‘It wasn’t sustainable or real’: Tech layoffs approaching Great Recession levels

The number of layoffs in the tech sector this year is approaching the annual levels seen during the Great Recession, but is far from dot-com-bust territory. As tech companies grapple with falling stock prices, inflation, rising interest rates and a possible recession, they have announced more than 60,000 job cuts this year, with indications such …

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How Big Tech layoffs could impact some of the most expensive housing markets

How Big Tech layoffs could impact some of the most expensive housing markets

A series of layoffs at major U.S. tech companies could put pressure on local housing markets amid a broader national chill. These layoffs, prompted in part by a series of Federal Reserve interest rate hikes and lower revenues, could lead to forced sales, hurt buyer confidence and result in lower down payments, even from buyers …

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Just because a company bulked up doesn’t mean that layoffs are coming.

Mega-corporations have turned America’s job market upside down. They start again

Part of what has made the US job market so tight is that big, publicly traded companies have been hiring like crazy after the pandemic hit. Now that many are backtracking, it looks like a wave of unemployment is underway. The parent meta-platforms of Amazon, Disney and Facebook are all suddenly acknowledging that they have …

Mega-corporations have turned America’s job market upside down. They start again Read More »

More than 6,000 tech and biotech job cuts upend Bay Area economy

More than 6,000 tech and biotech job cuts upend Bay Area economy

As recessionary pressures continue to mount in the region and across the country, tech and biotech companies have now revealed plans for enough job cuts to cut more than 6,000 Bay Area jobs, reductions that could weigh on the region’s economy in the weeks and months. come. Job cuts affecting thousands of workers in the …

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The Dow is outperforming, which could be a sign that the latest stock market rally is about to die down

The Dow is outperforming, which could be a sign that the latest stock market rally is about to die down

As investors seek refuge in more defensive stocks, a market tech sees the Dow’s growing outperformance margin against the S&P 500 and Nasdaq as a sign that the latest rally in stocks could fade quickly like the last . In a Monday note to clients, Jonathan Krinsky, chief market technician at BTIG, said the Dow …

The Dow is outperforming, which could be a sign that the latest stock market rally is about to die down Read More »

Stock market rally amid FTX blast and Facebook-parent layoffs, says investors could whistle past recession graveyard

Stock market rally amid FTX blast and Facebook-parent layoffs, says investors could whistle past recession graveyard

Investors stunned by last week’s strong rally in stocks may want to listen to Tom Waits’ song, 1978’s “Whistlin’ Past the Graveyard,” to sober up the dangers that still lurk. The surge in stocks catapulted the S&P 500 SPX index, +0.92% TO SPY, +0.97% almost back to the 4,000 mark on Friday, also taking it …

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Meta Layoffs Caught Workers By Surprise: 'I Thought I'd Be Clear In This Layoff'

Meta Layoffs Caught Workers By Surprise: ‘I Thought I’d Be Clear In This Layoff’

Earlier this week, a technical recruiter at Meta (META) thought the layoffs wouldn’t affect her, she told Yahoo Finance. She performed well on the job, always meeting or exceeding the expectations of a company that had made it a priority to attract engineering talent for years. She was also in her third trimester of pregnancy. …

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Cramer: Meta layoffs show Mark Zuckerberg 'has religion' on costs, but needs to cut more

Cramer: Meta layoffs show Mark Zuckerberg ‘has religion’ on costs, but needs to cut more

Club holding Meta Platforms’ (META) announcement on Wednesday that it is laying off approximately 13% of its workforce, or more than 11,000 employees, is a sign to us that CEO Mark Zuckerberg, in the words of Jim Cramer, “has religion” when it comes to trying to control the company’s uncontrollable costs. While we don’t welcome …

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Facebook parent company Meta to lay off 11,000 employees |  CNN Business

Facebook parent company Meta to lay off 11,000 employees | CNN Business

New York CNN Business — Facebook parent company Meta announced on Wednesday that it was laying off 11,000 employees, marking the largest job cuts in the tech giant’s history. The job cuts come as Meta faces a series of challenges to its core business and makes an uncertain and costly bet on pivoting to the …

Facebook parent company Meta to lay off 11,000 employees | CNN Business Read More »